tag:blogger.com,1999:blog-897456774486153841.post3499801196026208250..comments2015-01-22T17:45:44.791-08:00Comments on VIX and More: What Is High Implied Volatility?Bill Lubyhttp://www.blogger.com/profile/01241003017364820134noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-897456774486153841.post-21547513905021563772008-05-01T02:55:00.000-07:002008-05-01T02:55:00.000-07:00Bill,I strongly agree with your third bullet. Scan...Bill,<BR/><BR/>I strongly agree with your third bullet. Scanning across an industry group for "high" and "low" vol, or comparing highly correlated stocks in various trading groups, or (less great, but) looking at the vol of the Spider trackers versus stocks all get to the point:<BR/><BR/>What is high is relative, not absolute.<BR/><BR/>What is low should also be relative, but there are mathematical reasons why below 10 is getting really cheap and why we rarely see vols below 8.Johnhttp://www.blogger.com/profile/08474747770976362426noreply@blogger.com